As the first Black owner of a credit monitoring firm, Quintel Sumrall hopes to give everyday people a chance

BY Ben Ebuka Oji February 5, 2024 6:25 AM EDT
Quintel Sumrall
Quintel Sumrall. Photo Credit: Subject

Today’s society is one where ensuring financial stability, safeguarding personal information, maintaining a positive credit score, and monitoring credit activities are of utmost importance. As such, there exists a profitable prospect for experienced entrepreneurs who prioritize security, privacy, reliability, inclusivity, and accessibility through innovative solutions, Chicago-born and Quintel Sumrall has been tapping into that space since 2019.

According to a 2022 study by the Identity Theft Resource Center and the Black Researchers Collective, it is evident that identity crimes have a substantial impact on Black communities nationwide. A significant portion of their annual income is being siphoned by unscrupulous individuals. Additionally, the research revealed that only half of the Black victims actually report their losses to law enforcement.

Acknowledging the disproportionate impact of identity theft and credit fraud on marginalized communities, particularly people of color, Sumrall, an experienced credit repair specialist, took it upon himself to develop credit monitoring and insurance software. His aim is to create a solution that not only incorporates cutting-edge technology but is also affordable and accessible to all individuals.

Sumrall recently launched, making him the first African-American to establish a credit monitoring company. His primary objective is to offer revolutionary and cost-effective credit monitoring solutions that enable individuals and families to safeguard their financial future and personal identity. By incorporating state-of-the-art technology and embracing inclusivity, is poised to revolutionize the industry and redefine the standards of identity theft protection and credit monitoring services.

Uniquely Solving a Long-term Problem is dedicated to combating financial illiteracy by assisting clients in comprehending the intricacies of their credit scores. By delving deep into a client’s credit history, surpasses the information provided by the three major credit bureaus. Their exclusive software combines strong identity theft prevention measures with live credit monitoring, empowering individuals and families to have confidence and authority over their financial destinies.

Sumrall stated, “Our goal is to make financial security and credit protection a reality for every American, regardless of their background or income level. We want to empower individuals to take control of their financial health and provide them with the tools they need to safeguard their identity.”

Industry leaders have taken notice of’s groundbreaking strategy, acknowledging the immense potential for to emerge as a dominant player in this field. With a wide range of 24-hour services, such as 3-Bureau Reports & Scores, Monthly Report Refreshes, Credit Report Activity Alerts, and Dark Web Monitoring, has the potential to become a driving force in this industry. Additionally, they offer services like Up to $1M ID Theft Insurance, Change of Address Monitoring, SSN Monitoring, Score Factors, Debt Analysis, and Score Simulator, providing comprehensive protection and analysis for their customers.

The innovation also promises to help you spot the errors that can affect your credit score. With our service you get Experian, Equifax, and Transunion credit reports and scores.

This venture isn’t the only “firsts” for Sumrall. In 2019, the entrepreneur launched Credit Dispute Cloud, also known as My Credit Approve (MCA), the nation’s first Black-owned cloud-based credit repair software that empowers clients to independently handle their credit repair.

Sumrall’s programs have been instrumental in assisting individuals with personal loan advice, providing financial education, and empowering them to pay off outstanding debts. Moreover, his initiatives have effectively safeguarded people against identity theft, instilling a sense of security. Sumrall’s ultimate objective is to eradicate the detrimental credit skills and habits that are often inherited across generations.

Sumrall’s groundbreaking position as the first African American proprietor of a credit monitoring firm does not only cement a lasting legacy for himself but may also clear a tricky path for marginalized business owners and individuals.